ISLAMABAD
The Pakistan Stock Exchange Limited (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have entered into a strategic partnership to enhance oversight of the capital markets through a signed Memorandum of Understanding (MOU).
The agreement would grant the SECP direct access to PSX’s New Surveillance System, according to PSX press release received here Thursday.
This integration will enable the SECP to conduct smarter, faster, and more secure market surveillance, leveraging the same advanced technology used by PSX. The collaboration marks a major step forward in strengthening regulatory coordination and ensuring a fair and transparent market for all participants.
The New Surveillance System, which is acquired by PSX from Shenzhen Stock Exchange, China as a module of New Trading System, was launched in May 2023.
